Hana Financial Group announced that Ham Young-joo has been named chairman, at the regular general shareholders’ meeting held at Myeongdong Main Building on March 25.
Chairman Ham will succeed Chairman Kim Jung-tai and head up Hana Financial Group for the next three years.
Chairman Ham said that he will devote himself to making Hana Financial Group the best financial group in Asia through transparent, fair and stable governance, enhancing shareholder value and corporate value amid big changes in the financial industry, such as low growth due to the COVID-19 pandemic, the accelerated aging of Korea, and the dismantlement of the boundaries in the financial industry.
To this end, Chairman Ham presented three strategies to grow Hana Financial Group into Asia’s top financial group, and on a path to realizing social values as a financial group in pursuit of win-win growth.
First of all, Ham stressed the maximization of strengths and the reorganization of non-banking businesses.
The new chairman vowed to promote the banking and securities business as two growth drivers, help card credit, capital, and insurance affiliates take center stage as main affiliates, and make an improvement to the group’s non-banking business portfolio through M&A deals in non-banking business areas, in addition to strengthening corporate finance collaboration among affiliates.
To further strengthen its status as a global leading financial group, Chairman Ham plans to further strengthen localization in the Asian region and expand its global presence in the non-banking sector.
To this end, Chairman Han presented a blueprint for the company to become the best financial group in Asia by striking M&A deals and expanding equity investment in high-growth Asian regions, such as Indonesia and Vietnam, and strengthening IB and corporate finance connected with Korean companies in advanced markets.
Chairman Ham Young-joo promised to re-create Hana Financial Group as a customer- and people-centric financial platform company through open digital innovation connecting the group’s internal and external capabilities.
To this end, Chairman Ham will increase technological capabilities by nurturing digitally talent workers and actively investing in the development of high-quality human resources.
At the same time, he will promote practical and user-centered digital innovation by actively utilizing external digital capabilities through an open API platform, which brings innovation to the way Hana Financial Group employees work.
In the meantime, Chairman Ham visited a forest fire-stricken area on the nation’s east coast as his first move as chairman of the group.
Chairman Ham was appointed as the new chairman through a general shareholders’ meeting, and a meeting of the board of directors on March 25.
But Hana Financial Group did not hold his inaugural ceremony as Chairman Ham wanted to go straight to the forest fire-stricken area.
“I pondered over what kind of help I can give to communities and those in need as a large forest fire occurred on the east coast area amid difficult internal and external economic environments due to the prolonged COVID-19 situation caused by the spread of the Omicron variant,” Chairman Ham said.
That day, Chairman Ham visited the eastern coastal areas that had been heavily damaged by a forest fire and meet with firefighters who battled to extinguish the fire, and expressed his gratitude and respect for them.
He thanked the firefighters, who were dedicated to protecting the safety of people, by serving them food and coffee on a food truck. “Hana Financial Group will stand by you,” he said.
Chairman Ham also promised practical financial support for firefighters. Hana Bank decided to provide Firefighter Guard Insurance, a specialized insurance policy for firefighters, free of charge for one year, along with preferential interest rates for new credit loans for firefighters across the country.
Prior to Chairman Ham’s visit to the fire-hit area, Hana Financial Group delivered 1 billion won in donations and 1,500 “happy boxes” containing relief supplies to support relief and restoration projects for victims of the forest fire.
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